ingle-step income statement for 2018. Ignore EPS disclosures. efer to the situation described in BE 4-1. Prepare a multiple-step income statement for 2018. Ignore EPS disclosures. nclu ded in Ihe a Y50,000 December 31, 2018, year-end trial The following are partial income statement account balances taken from the December 31, 2018, year-end trial balance of White and Sons, Inc.: restructuring costs, $300.000; interest reyenue, $40,000; before-tax loss on dis-h continued operations, $400,000; and loss on sale of investments, $50,000 Income tax expense has not yet been recorded. The income tax rate is 40%. Prepare the lower portion of the 2018 income statement beginning with 5 $850,000 income from continuing operations before income taxes, Include appropriate EPS disclosures. The company had 100,000 shares of common stock outstanding throughout the year